List/Grid Tag Archives: money

Northern Trust shutting fund; an outlier or sign of future risk?

Northern Trust shutting fund; an outlier or sign of future risk?

FILE PHOTO: An employee walks past a company logo at Northern Trust offices in London, Britain August 1, 2019. REUTERS/Toby Melville BOSTON (Reuters) – Northern Trust Corp’s decision to liquidate… Read more »

Retirement services provider Human Interest extends funding round to $50 million

Retirement services provider Human Interest extends funding round to $50 million

(Reuters) – Human Interest, which helps small and medium-sized businesses set up 401K plans for employees, said on Wednesday it had extended its Series C funding round to $50 million… Read more »

Northern Trust shutting fund in latest prime money market stress

Northern Trust shutting fund in latest prime money market stress

BOSTON (Reuters) – Northern Trust Corp (NTRS.O) said it will liquidate a $1.8 billion prime money market fund, one of a number to come under stress this year as investors… Read more »

U.S. bank regulator finalizes new community lending rule

U.S. bank regulator finalizes new community lending rule

FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S.,… Read more »

Your small business and COVID-19 questions, answered

Your small business and COVID-19 questions, answered

NEW YORK (Reuters) – Small businesses are among the hardest hit as the coronavirus pandemic continues to cause economic uncertainty in communities across the United States. FILE PHOTO: A deli… Read more »

U.S.-based stock funds post $3.2 billion weekly inflow: Lipper

U.S.-based stock funds post $3.2 billion weekly inflow: Lipper

(Reuters) – U.S.-based stock funds posted $3.2 billion in inflows in the week ended on Wednesday, according to Lipper. U.S. taxable bond funds attracted $10.35 billion, the fifth straight weekly… Read more »

Florida business lender accused of accounting fraud settles with SEC

Florida business lender accused of accounting fraud settles with SEC

BOSTON (Reuters) – Miami-area direct lending firm TCA Fund Management Group Corp and its affiliates reached a settlement with U.S. securities regulators over allegations of fraudulent revenue recognition that inflated… Read more »

Global hedge funds post April gains but still negative for the year: data

Global hedge funds post April gains but still negative for the year: data

BOSTON (Reuters) – Global hedge funds posted their biggest monthly gain in more than a decade in April when stocks rocketed higher with the help of government rescue packages designed… Read more »

U.S. stock funds shed $10.8 million in week: Lipper

U.S. stock funds shed $10.8 million in week: Lipper

(Reuters) – U.S.-based stock funds posted $10.8 billion in outflows in the week ended ON Wednesday, according to Lipper. U.S. taxable bond funds attracted $11.9 billion, the fourth straight weekly… Read more »

Fund managers fish for dividend plays amid sharp cuts

Fund managers fish for dividend plays amid sharp cuts

NEW YORK (Reuters) – Some dividend fund managers are wading back into the shares of battered railroad stocks, energy companies and other economically sensitive, cyclical names, even as a host… Read more »

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